Construction Industry Council Of Westchester And Hudson Valley Inc
Construction Industry Council maintains stable assets with occasional deficit spending and no reported officer compensation.
EIN: 132959500 · Tarrytown, NY · Updated: 2026-03-28
About Construction Industry Council Of Westchester And Hudson Valley Inc
Construction Industry Council Of Westchester And Hudson Valley Inc (EIN: 132959500) is a nonprofit organization based in Tarrytown, NY. The organization reported total revenue of $3.6M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Construction Industry Council Of Westchester And Hudson Valley Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Construction Industry Council Of Westchester And Hudson Valley Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Construction Industry Council Of Westchester And Hudson Valley Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $2 million annually. This suggests either a fully volunteer leadership or that compensation is structured in a way not reported as officer compensation on the 990, requiring further scrutiny for a complete understanding of executive remuneration.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Construction Industry Council Of Westchester And Hudson Valley Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated or structured.
- Occasional deficit spending, with expenses exceeding revenue in recent years (e.g., $2,865,538 expenses vs. $2,438,800 revenue in 2023), which could erode assets if not managed.
Strengths
The following positive indicators were identified for Construction Industry Council Of Westchester And Hudson Valley Inc:
- Strong and growing asset base, increasing from $3.5M in 2014 to $7.9M in 2023, indicating financial stability.
- Low liabilities relative to assets, suggesting good financial management and minimal debt.
- Consistent revenue generation over a decade, demonstrating a stable funding model.
Frequently Asked Questions about Construction Industry Council Of Westchester And Hudson Valley Inc
How does the organization manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation on all 990 filings is highly unusual for an organization of this size. It suggests either a fully volunteer leadership structure or that executive compensation is categorized differently on the tax forms, which would require reviewing the full 990 for details on other salaries and wages.
What is the primary source of the organization's revenue?
While the specific breakdown isn't provided in the summary data, an organization like the Construction Industry Council typically derives revenue from membership dues, event fees, sponsorships, and potentially grants or program service fees.
What are the main program activities of the Construction Industry Council?
Based on its name, the organization likely focuses on advocacy, networking, education, and support for the construction industry in the Westchester and Hudson Valley regions. Specific program details would be found in the full 990 filing.
How does the organization cover its expenses when revenue is less than expenses, as seen in 2022 and 2023?
When expenses exceed revenue, the organization likely draws from its accumulated assets or reserves to cover the deficit. This is sustainable in the short term given their healthy asset base, but consistent deficits could be a concern over time.
Filing History
IRS 990 filing history for Construction Industry Council Of Westchester And Hudson Valley Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Construction Industry Council Of Westchester And Hudson Valley Inc's revenue has grown by 54.6%, moving from $1.6M to $2.4M. Total assets increased by 213.5% over the same period, from $2.5M to $8.0M. Total functional expenses rose by 99.3%, from $1.4M to $2.9M. In its most recent filing year (2023), Construction Industry Council Of Westchester And Hudson Valley Inc reported a deficit of $427K, with expenses exceeding revenue. The organization holds $72K in liabilities against $8.0M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.9M | $8.0M | $72K | — | — |
| 2022 | $2.5M | $2.7M | $7.6M | $7K | — | View 990 |
| 2021 | $2.4M | $2.3M | $8.9M | $21K | — | View 990 |
| 2020 | $2.3M | $2.2M | $8.2M | $364K | — | View 990 |
| 2019 | $2.5M | $2.3M | $6.9M | $39K | — | — |
| 2018 | $2.5M | $2.0M | $5.8M | $43K | — | View 990 |
| 2017 | $2.4M | $1.8M | $5.6M | $51K | — | View 990 |
| 2016 | $2.4M | $1.7M | $4.6M | $79K | — | View 990 |
| 2015 | $2.2M | $1.7M | $3.9M | $49K | — | View 990 |
| 2014 | $1.8M | $1.7M | $3.5M | $29K | — | View 990 |
| 2013 | $1.6M | $1.6M | $3.1M | $24K | — | View 990 |
| 2012 | $1.5M | $1.5M | $2.6M | $36K | — | View 990 |
| 2011 | $1.6M | $1.4M | $2.5M | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.9M, and assets of $8.0M (revenue -2.5% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.7M, and assets of $7.6M (revenue +4.3% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.3M, and assets of $8.9M (revenue +4.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.2M, and assets of $8.2M (revenue -8.9% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.3M, and assets of $6.9M (revenue +3.3% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.0M, and assets of $5.8M (revenue +3.0% year-over-year).
- 2017: Revenue of $2.4M, expenses of $1.8M, and assets of $5.6M (revenue -0.1% year-over-year).
- 2016: Revenue of $2.4M, expenses of $1.7M, and assets of $4.6M (revenue +10.6% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.7M, and assets of $3.9M (revenue +17.2% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $3.5M (revenue +12.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $3.1M (revenue +11.0% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $2.6M (revenue -6.5% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.4M, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Construction Industry Council Of Westchester And Hudson Valley Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.